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ECommPay: Regulations of FOREX industry
May 18th, 2016
Forex (FX) regulation is crucial to both security and mutual trust between traders and operators. Companies operating from jurisdictions lacking in regulatory supervision are able to do so in an unfair and illegal manner without facing serious repercussions. Moreover, ...
Five more women added in gender discrimination lawsuit against KPMG US
May 17th, 2016
Five more women have been added as named plaintiffs to the ongoing $350m (£243m) class action gender discrimination lawsuit against KPMG’s US arm. On 13 May, Sanford Heisler, the law firm representing the five plaintiffs, filed an amended complaint ...
Oil Advances to Six-Month High as U.S. Stockpiles Seen Falling
May 17th, 2016
Crude inventories forecast to decline by 3.5 million barrels Unplanned outages in Nigeria and Canada have cut global output Oil advanced to a seven-month high before U.S. government data forecast to show crude stockpiles dropped for a second week, ...
Even gold is not as secure as un-hackable Bitcoin currency – Bitcoin Foundation CEO
May 17th, 2016
The Bitcoin system is said to be reaching its capacity limits – spelling a possible disaster for thousands of those who decided to invest in the world’s top cryptocurrency. One of the leading programists from the company quits it, ...
Rabobank launches an online platform to help connect startups with businesses
May 17th, 2016
Rabobank is launching a new online platform today to help connect 700 high-potential startups with established businesses. The bank is also publishing a new online magazine as part of this month’s Startup Fest Europe, of which it is a ...
UAE cities ranks high among world’s fastest growing retail markets
May 16th, 2016
CBRE: Abu Dhabi and Dubai ranks high in retail development Abu Dhabi and Dubai, UAE, have together ranked among the top 17 of the most active cities for shopping centre development, according to CBRE’s latest Global Shopping Centre Development ...
Kuwait calls on Iran to join oil production freeze plan
May 16th, 2016
Kuwait has called on Iran to join an oil production freeze plan after major producers failed to agree on keeping output at current levels. The freeze scheme, spearheaded by Saudi Arabia, has coincided with Iran’s bid to redeem lost ...
Cryptocurrency Exchange Gatecoin confirms that lost $2 Mln in Hot Wallet Breach
May 16th, 2016
Gatecoin, the Hong Kong-based regulated and secure financial institution for blockchain assets has issued an official statement regarding the breach the firm experienced and lost 15% of our crypto-asset deposits. Below is the Gatecoin statement as it was published: ...
EY to be replaced as BBC auditor
May 16th, 2016
National Audit Office set to replace EY as BBC auditor The current auditor is Big Four firm, EY, who took over the audit from KPMG in 2015. At the time, the BBC signed a three-year contract with EY, with ...
Balkan Offshore Businesses Named in Panama Database
May 12th, 2016
Scores of people from the Balkans including tycoons, an ex-ambassador, politicians, a banker and some convicted fraudsters appear in a newly-released database of users of offshore tax havens. Scores of people and companies linked to Balkan countries appear in the ...
